Inflation in Croatia accelerated to 3.5% in May 2025, making it one of the highest rates in the European Union. According to data from the Croatian Bureau of Statistics and Eurostat, Croatia remains among the countries with the fastest price increases, with an inflation rate of 4.3% according to the harmonized consumer price index. The main drivers of inflation are food, beverages, and tobacco, while energy prices showed a smaller increase. Economists point out that inflation in Croatia is higher than in some neighboring countries due to stronger wage growth and consumers’ willingness to pay higher prices. The government is monitoring inflation and expects a slowdown in price growth during the year, while Prime Minister Plenković emphasizes that GDP growth is in line with expectations despite inflationary pressures.
Political Perspectives:
Left: Left-leaning outlets emphasize the social impact of inflation on ordinary citizens, highlighting the rising costs of essential goods like food and energy. They often critique government policies for not doing enough to protect consumers and call for stronger measures to control prices and support low-income households.
Center: Center-leaning sources focus on the statistical data and economic indicators, presenting inflation as a complex phenomenon influenced by global and domestic factors. They highlight government efforts to monitor inflation and maintain economic growth, balancing concerns about rising prices with positive GDP growth reports.
Right: Right-leaning media stress the role of market dynamics and consumer behavior in driving inflation, often warning against excessive government intervention. They emphasize the importance of increasing production and competition to control prices and highlight the government’s commitment to economic stability and growth despite inflationary challenges.
